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Cnr Riddoch Hwy & South Terrace Penola SA 5277

  • Hotel, Motel, Pub & Leisure
  • 1.34 ha
  • For Sale, $1,450,000 (inc. GST)

Penola Caravan Park

    FREEHOLD & BUSINESS FOR SALE
    Lifestyle & investment opportunity in famous Coonawarra wine country

    Perfectly suited to a couple, or as an investment (with Manager) this flexible lifestyle opportunity with attractive financial return is one well worth exploring.

    The picturesque township of Penola is situated in the popular Limestone Coast in the South East of South Australia, famous as the gateway to the Coonawarra wine region. The character filled township has so much to offer; wineries & cellar doors, cafes, fine dining, art galleries & its own heritage listed lane. Penola is also famed as the home of Australia’s first Saint, Mary MacKillop, with the dedicated interpretive centre drawing thousands of tourists each year.

    Penola is home to many festivals & gatherings; The Penola Coonawarra Arts Festival, Penola Acoustic Music gathering, Coonawarra Cellar Dwellers & a multitude of winery-based events as well as being a popular wedding destination. The town is supported by a variety of industry (viticulture, forestry, primary production & resource exploration) providing plentiful employment opportunities many of which are seasonal. The combination of tourism & industry means there is no shortage of travellers & contract workers to occupy the many attractive accommodation facilities the caravan park has to offer.

    The caravan park is at the Southern entrance to Penola, directly off Riddoch Highway. Capitalise on the prominent location, while your campers enjoy a peaceful stay amongst the 1.343 hectare grounds. Mature trees provide privacy around the boundary while a scattering of redgums make for some lovely shady spots around the park itself. A walking track connects guest directly to Penola Greenrise Nature reserve and the township is only a short walk away. The facilities are all in great condition & the gardens & grounds are low maintenance.

    It’s easy to see why the Penola Caravan park has the loyal followers it does.

    If you’re one to take a business to the next level, there is opportunity here and potential to expand the businesses marketing reach. Currently, the park operates with a website only and does not promote or advertise through any third-party sites. Even so, the business as is, is making attractive financial returns.

    As a side note, the park also offers Penola’s only Laundry mat.

    As part of the freehold, on offer;

    Manager’s residence
    -2 bedroom solid stone residence with open plan living, large -outdoor entertaining area & private yard.
    -3 bay shed plus secure room (ideal for cleaning equipment)

    Ensuite cabins
    -4 x 1 bedroom ensuite units
    -2 x 2 bedroom ensuite cabins

    Worker accommodation
    -2 x 2 bedroom ensuite cabins
    -1 x 2 bedroom cabin (with external ensuite)
    -1 x 1 bedroom ensuite cabin

    Campsites
    -6 x on-site caravans
    -20 x ensuite powered sites
    -32 x powered sites

    Opportunities to walk into a well renowned, established business offering good returns are rare. Do not miss your chance to run one of Penola’s most valuable assets in the bustling Limestone Coast tourism region.

    Form 2 financials are available on request. Contact Mark De Garis 0428 372 124 or Meg Redman 0407 740 034

    Mark De Garis
    Private Advertiser
    Meg Redman
    Private Advertiser

    Property Highlights

    Property ID2016892236
    Floor AreaAsk Agent
    Land Area1.34 ha
    ParkingOn site parking available
    Building TypeWhole building
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  25 Mar 2021
    Map for Cnr Riddoch Hwy & South Terrace Penola SA 5277
    Map for Cnr Riddoch Hwy & South Terrace Penola SA 5277Cnr Riddoch Hwy & South Terrace Penola SA 5277
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    • Purchase price

      $
      1,450,000

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Mark De Garis
    Private Advertiser
    Meg Redman
    Private Advertiser

    Property Highlights

    Property ID2016892236
    Floor AreaAsk Agent
    Land Area1.34 ha
    ParkingOn site parking available
    Building TypeWhole building
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  25 Mar 2021
    Mark De Garis
    Private Advertiser
    Meg Redman
    Private Advertiser

    Ask Mark De Garis about this property

    Mark De Garis

    Private Advertiser

    Meg Redman

    Private Advertiser

    0428 *** ***
    0428372124

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